October 31, 2003
Mandeville, La.-based FARA promoted Erica Fritch to the position of claims supervisor of the American Longshore Mutual Association unit, located in Metairie, La. According to the company, Fritch joined FARA in 1993, working in various clerical positions in the FARA …
October 31, 2003
The Kansas Department of Insurance’s new fraud unit announced its first prosecution. Acting in concert with the Attorney General and Douglas County District Attorney Christine Kenney, the Unit has filed a 14-count criminal complaint against Rhonda Wilder. The complaint charges …
October 31, 2003
The Republic Companies, based in Dallas, announced the appointment of Stephen D. Johnson as vice president of Claims. Most recently, Johnson held senior management positions with Farmers Insurance. He has been in private law practice and was with Republic from …
October 31, 2003
Travelers Property Casualty Corp. announced it will offer its agents a new custom software program called My Personal Info. The new system guides policyholders through the process of collecting, organizing, recording and storing all of their personal and financial information …
October 31, 2003
The New Jersey Township of Berkeley has been presented with a Special Recognition Award for the Most Improved Safety Record by the Garden State Municipal Joint Insurance Fund (GSMJIF). In a ceremony held at the Township’s municipal offices, Earl Miller, …
October 31, 2003
Fitch Ratings announced that it has affirmed the ‘A’ insurer financial strength ratings of the members of the Markel North America insurance group. It also affirmed the group’s ‘BBB-‘ long-term issuer rating and existing senior debt ratings and the ‘BB+’ …
October 31, 2003
Moody’s Investors Service has issued a bulletin stating that “Germany’s proposed decision to reform the taxation of German life & health insurers would have a significant and timely positive impact on the sector overall, given the current difficult situation faced …
October 31, 2003
The U.K.’s Goshawk Insurance Holdings announced that it will exit the Lloyd’s market due to a series of losses dating back to 2001, and will henceforth concentrate on Goshawk Re its Bermuda-based reinsurance operation. The company will take a £35 …
October 31, 2003
AIG isn’t the only company that’s seeking to strengthen its already historic roots in China. HSBC Holdings Plc. (once known simply as the Hong Kong and Shanghai Bank) announced that it is on the point of receiving a joint venture …
October 31, 2003
The Pennsylvania-based Donegal Group, Inc. announced that it has agreed to acquire all of the outstanding capital stock of the Peninsula Insurance Group from Folksamerica Reinsurance Company. “The acquisition is subject to approval by the Insurance Commissioner of the State …